Bayridge Residence And Cultural Center Inc
- Assets
- $333.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 10
- Location
- Sherborn, MA
- Founding
- 11/1995
- Data as of
- 08/2022
- EIN
- 04-2495169
Organization Overview
Bayridge Residence And Cultural Center Inc is located in Sherborn, MA. The organization was established in 1995. According to its NTEE Classification (X90) the organization is classified as: Interfaith Coalitions, under the broad grouping of Religion-Related and related organizations. As of 08/2022, Bayridge Residence And Cultural Center Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bayridge Residence And Cultural Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2022, Bayridge Residence And Cultural Center Inc generated $125.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (26.2%) each year. All expenses for the organization totaled $676.0k during the year ending 08/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
RESIDENTIAL OPERATIONS: THE CENTER PROVIDES HOUSING, MEALS, CULTURAL, EDUCATIONAL, SPIRITUAL PROGRAMS AND COUNSELING TO STUDENTS OF LOCAL UNIVERSITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amber Dodds Director | 1 | $0 | |
Brandon Farr Treasurer | 1 | $0 | |
George Oneil Director | 1 | $0 | |
Debra Dobbins Director | 1 | $0 | |
Irene Dorgan Director | 1 | $0 | |
Peter Buckley President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,403 |
| Total Program Service Revenue | $8,500 |
| Membership dues | $0 |
| Investment income | $4,242 |
| Gain or Loss | -$572 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $81,903 |
| Total Revenue | $125,476 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,542 |
| Professional fees and other payments to independent contractors | $7,422 |
| Occupancy, rent, utilities, and maintenance | $50,883 |
| Printing, publications, postage, and shipping | $4,602 |
| Other expenses | $564,507 |
| Total expenses | $675,956 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $326,352 |
| Other assets | $0 |
| Total assets | $333,441 |
| Total liabilities | $1,407 |
| Net assets or fund balances | $332,034 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bayridge Residence And Cultural Center Inc has recieved totaling $122.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $122 |
Endowment Analysis
| Beg. Balance | $75,250 |
| Ending Balance | $75,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Interfaith Works Of Central New York Inc Syracuse, NY | $4,431,684 | $4,338,770 |
Armenian Church Endowment Fund Inc New York, NY | $127,433,963 | $190,058 |
Interfaithfamily Com Inc Natick, MA | $1,146,201 | $2,291,739 |
One Spirit Learning Alliance Ltd New York, NY | $931,925 | $1,324,370 |
Interfaith Homes Of Longmeadow Inc Longmeadow, MA | $6,128,851 | $1,316,168 |
World Peace Association-Limited Oyster Bay, NY | $13,316 | $1,032,676 |
Israel Alliance Corp Lawrence, NY | $120,906 | $1,093,859 |
Rivendell Institute Inc New Haven, CT | $1,567,946 | $966,698 |
Newburgh Interfaith Emergency Housing Inc Newburgh, NY | $1,829,725 | $749,636 |
Bayridge Residence And Cultural Center Inc Sherborn, MA | $333,441 | $0 |
Sephardic Community Alliance New York, NY | $143,491 | $844,538 |
Friends Of Pioneer Inc Angola, NY | $118,550 | $322,816 |